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CONDOMINIUM RESALE ADDENDUM TO PURCHASE AGREEMENT (To be completed by Seller and uploaded to Listing. Buyer submits with Offer to Purchase). This document forms an integral part of the Purchase Agreement
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How to fill out condominium resale addendum to

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How to fill out condominium resale addendum to

01
Obtain a copy of the condominium resale addendum form.
02
Fill out the necessary information, such as the buyer's and seller's names, contact details, and the address of the condominium unit.
03
Provide details about the purchase price, earnest money, closing date, and any contingencies or conditions of the sale.
04
Review the form carefully to ensure all information is accurate and complete.
05
Sign and date the condominium resale addendum.
06
Make copies of the completed form for both the buyer and seller.
07
Submit the original signed form to the appropriate party, such as the buyer's real estate agent or the condominium association.
08
Retain a copy of the completed form for your records.

Who needs condominium resale addendum to?

01
Anyone who is buying or selling a condominium unit may need a condominium resale addendum. This includes individual buyers, sellers, real estate agents, and condominium associations.
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An addendum is an addition to a finished document, such as a contract. The most common addendum is an attachment or exhibit at the end of such a document. For example, a contract to manufacture widgets may have an addendum listing the specifications for said widgets.
The addendum and amendment are two important terms related to the Residential Purchase Agreement (RPA) or contract in real estate. These are typically used when you need to add or modify terms or conditions that have already been agreed upon.
A real estate addendum modifies an original lease or purchase agreement. Items in the addendum could reflect a change in the agreed-upon price, what is included in the transfer of property, what improvements must be made before the home is paid for, or any other agreed-upon requests or responsibilities.
How to Write The Parties. The addendum should mention the names of the parties (buyer and seller) in the existing agreement. Original Purchase Agreement. To connect the addendum to the original agreement, the date of the existing contract and the property address must be included. Additional Terms or Amendments. Execution.
Common addendums include contingencies such as home inspections or the sale of the buyer's house, as well as including certain items, like furniture. Addendums are created before both parties sign a contract; amendments are made after the parties have signed a contract and a change must be made.
A purchase agreement addendum, or “amendment,” is added to a real estate purchase agreement to expand or amend the agreement's terms and conditions. The addendum must be signed by both buyer and seller to become in effect. After signing, the addendum should be attached to the original purchase agreement.

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Condominium resale addendum is a document added to a purchase agreement for the resale of a condominium unit.
The seller of a condominium unit is required to file the condominium resale addendum.
To fill out the condominium resale addendum, the seller must provide all required information about the condominium unit.
The purpose of condominium resale addendum is to disclose important information about the condominium unit to potential buyers.
Information such as HOA fees, special assessments, pending litigation, and other details about the condominium unit must be reported on the condominium resale addendum.
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